House Passes Inflation Reduction Act In 220-207 Vote

The Washington Post reports:

House Democrats on Friday approved a sprawling bill to lower prescription drug costs, address global warming, raise taxes on some billion-dollar corporations and reduce the federal deficit, sending to President Biden the long-delayed, last component of his economic agenda in time for this year’s elections.

The 220-207 vote marked the culmination of more than a year and a half of debate that at times pitted the party’s lawmakers against each other, revealing Democrats’ fierce ideological divides.

In the end, though, the often-fractious caucus banded together to overcome unanimous Republican opposition, adopting a measure to improve Americans’ finances originally premised on Biden’s 2020 campaign pledge to “build back better.”

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